
Cleanspark borrows $1.15b at 0% to survive the brutal Bitcoin mining shakeout
Capex, AI side quests, and the post-halving margin stack. We separate narrative from cash flows.
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Capex, AI side quests, and the post-halving margin stack. We separate narrative from cash flows.

Signals points to de-risking, not broad capitulation, as leverage and basis reset.

Block turned on BTC payments across its merchant network. Here’s how that could ripple through spreads, Lightning, and on-ramp demand.

What has to go right in banking, compliance, and UX. We check what that would mean for BTC/ETH liquidity.

Despite criticism for "buying the top," Strategy’s BTC plays aim for entrenched stability in an evolving market.

Chinese security firm accuses the U.S. of hacking LuBian’s Bitcoin wallets, but open-source forensics and DOJ filings point to weak keys and murky attribution.

Trump’s crypto rails are switching on, but the promised rework of America’s "ancient" legacy system is still missing.

A government reopening lifted Bitcoin 290% in 2019, but that rally came off an 80% crash. In 2025, the asymmetry that made the last surge possible is mostly gone.

October's Bitcoin shakeout highlights the critical role of funding and ETF flows in pricing.
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